Message from @Deleted User
Discord ID: 626777086585208852
Yeah it's called liquidation trade down
People nowadays can have almost anything they want
Turn your Porsche in for a beetle
Get a used compact that doesn't eat fuel
Even poor people are driving nice Vehicles now
Yeah
They have the latest iPhone
But they're financing them
Both
Oh yeah they end up eating the cost
We live, at least in the West, in finance culture
Where taking loan is no big deal
It isn't anymore
I only take loans on business deals.
Poor people have to take loans to live for a week
There is good debt and there is bad debt
But a lot of people nowadays take tons of loans.
New iphone is bad debt
*ANY* credit debt is bad debt
A nice car is bad debt
^
It’s annoying
And just shows they have no knowledge of how the economy works.
I got that from 4chan liberal cheat sheet
LOL
Aha
A low interest home loan is good debt
I am leftist and fuck iphones
Here
Lol
They are crap and overpriced
Study lol
Liberal and leftist are different
Ofc
Libertarian
Comrade kill the ukranians isnt a liberal
When you join a Nazi server but there's only Communists around
Lol
They are very similar